New York City to Exxon in lawsuit: Pay up for climate change costs
New York City delivered a powerful blow to the fossil fuel industry by launching a climate change lawsuit against the biggest oil companies and promising to dump billions of dollars of fossil fuel stocks. New York became the largest American city to sue Big Oil, demanding that ExxonMobil, Chevron, BP, Royal Dutch Shell and ConocoPhillips pay for the cost of protecting the city from the “existential threat” of climate change. The city on Wednesday also announced a goal to divest […]